
\begin{table}
\begin{center}
\begin{tabular}{l c c c c}
\hline
 & Enf. & Enf. & N. Enf. & N. Enf. \\
\hline
Firm Party (Individuals)         & $-0.606$      & $-0.421$      & $-0.945$     & $-0.865$       \\
                                 & $(1.095)$     & $(1.410)$     & $(0.901)$    & $(1.183)$      \\
Alignment (Individuals)          & $-0.793^{**}$ & $-0.947^{**}$ & $-0.532^{*}$ & $-0.845^{***}$ \\
                                 & $(0.289)$     & $(0.326)$     & $(0.229)$    & $(0.250)$      \\
Recent Class Action              &               & $0.064$       &              & $-0.186$       \\
                                 &               & $(0.402)$     &              & $(0.309)$      \\
Recent Restatement               &               & $-2.551^{*}$  &              & $-2.143^{+}$   \\
                                 &               & $(1.295)$     &              & $(1.102)$      \\
Log(Tot. Contribs.)              & $0.422^{+}$   & $0.422^{+}$   & $0.287$      & $0.312$        \\
                                 & $(0.224)$     & $(0.239)$     & $(0.183)$    & $(0.207)$      \\
Log(Tot. Comm. Contribs.)        & $0.020$       & $0.017$       & $0.013$      & $0.009$        \\
                                 & $(0.030)$     & $(0.034)$     & $(0.024)$    & $(0.026)$      \\
Log(Tot. Lobbying Exp.)          & $0.006$       & $-0.013$      & $0.016$      & $0.003$        \\
                                 & $(0.027)$     & $(0.030)$     & $(0.028)$    & $(0.030)$      \\
Log(Tot. SEC-Rel. Lobbying Exp.) & $0.032$       & $0.033$       & $0.032$      & $0.038$        \\
                                 & $(0.031)$     & $(0.033)$     & $(0.027)$    & $(0.030)$      \\
SBC                              & $0.210$       & $0.242$       & $0.198$      & $0.182$        \\
                                 & $(0.260)$     & $(0.312)$     & $(0.176)$    & $(0.241)$      \\
HFSC                             & $-0.011$      & $0.033$       & $0.082$      & $0.077$        \\
                                 & $(0.317)$     & $(0.398)$     & $(0.225)$    & $(0.318)$      \\
S. Approp.                       & $0.097$       & $0.283$       & $0.098$      & $0.298$        \\
                                 & $(0.281)$     & $(0.327)$     & $(0.230)$    & $(0.268)$      \\
H. Approp.                       & $0.632$       & $0.938^{*}$   & $0.563^{+}$  & $0.839^{*}$    \\
                                 & $(0.396)$     & $(0.445)$     & $(0.341)$    & $(0.374)$      \\
Log(CD Unemp. Rate)              &               & $0.434$       &              & $0.613$        \\
                                 &               & $(0.650)$     &              & $(0.480)$      \\
Log(CD Finance Workers)          &               & $0.612$       &              & $0.360$        \\
                                 &               & $(0.641)$     &              & $(0.528)$      \\
Log(Assets)                      &               & $0.513$       &              & $0.402$        \\
                                 &               & $(0.359)$     &              & $(0.291)$      \\
Log(Employment)                  &               & $0.259$       &              & $0.229$        \\
                                 &               & $(0.347)$     &              & $(0.285)$      \\
Leverage                         &               & $0.809^{+}$   &              & $0.310$        \\
                                 &               & $(0.481)$     &              & $(0.395)$      \\
ROA                              &               & $0.331$       &              & $-0.305$       \\
                                 &               & $(2.653)$     &              & $(2.218)$      \\
Operating Margin                 &               & $0.370$       &              & $0.450$        \\
                                 &               & $(1.056)$     &              & $(0.901)$      \\
Finance $\times$ Year            &               & $-0.035$      &              & $-0.034$       \\
                                 &               & $(0.067)$     &              & $(0.056)$      \\
\hline
Firm FE                          & \checkmark    & \checkmark    & \checkmark   & \checkmark     \\
Year FE                          & \checkmark    & \checkmark    & \checkmark   & \checkmark     \\
Num. obs.                        & $1921$        & $1585$        & $1924$       & $1588$         \\
Num. groups: gvkey               & $187$         & $161$         & $189$        & $163$          \\
Num. groups: year                & $12$          & $12$          & $12$         & $12$           \\
Deviance                         & $1349.459$    & $1091.330$    & $994.594$    & $801.754$      \\
Log Likelihood                   & $-674.730$    & $-545.665$    & $-809.155$   & $-631.064$     \\
Pseudo R$^2$                     & $-0.075$      & $-0.160$      & $-0.017$     & $-0.099$       \\
\hline
\multicolumn{5}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$; $^{+}p<0.1$}}
\end{tabular}
\caption{Statistical models}
\label{table:coefficients}
\end{center}
\end{table}
